Barclays PLC grew its position in United Homes Group, Inc. (NASDAQ:UHG – Free Report) by 260.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,500 shares of the company’s stock after purchasing an additional 5,421 shares during the period. Barclays PLC’s holdings in United Homes Group were worth $46,000 at the end of the most recent reporting period.
Separately, Stoneridge Investment Partners LLC acquired a new stake in United Homes Group in the 3rd quarter valued at approximately $298,000. 88.85% of the stock is currently owned by hedge funds and other institutional investors.
United Homes Group Price Performance
NASDAQ UHG opened at $4.38 on Friday. The firm’s 50 day moving average is $4.82 and its 200-day moving average is $5.54. The company has a quick ratio of 1.58, a current ratio of 6.62 and a debt-to-equity ratio of 7.16. The company has a market capitalization of $212.03 million, a PE ratio of -7.42 and a beta of 0.79. United Homes Group, Inc. has a 12-month low of $3.77 and a 12-month high of $8.52.
Insider Buying and Selling at United Homes Group
In other United Homes Group news, Director Michael Simanovsky sold 3,246,275 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $4.75, for a total value of $15,419,806.25. Following the sale, the director now owns 1,775,725 shares in the company, valued at $8,434,693.75. This trade represents a 64.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO James M. Pirrello acquired 50,000 shares of United Homes Group stock in a transaction that occurred on Wednesday, December 11th. The shares were purchased at an average price of $5.00 per share, for a total transaction of $250,000.00. Following the transaction, the chief executive officer now directly owns 50,000 shares in the company, valued at $250,000. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 65,000 shares of company stock valued at $318,350 in the last ninety days. 85.30% of the stock is currently owned by corporate insiders.
United Homes Group Profile
United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.
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